MCQ on Simple and Compound Interest Questions

MCQ on Simple and Compound Interest Questions 1-Calculate the compound interest on Rs. 9,000 in 2 years when the rate of interest for successive years are 10% and 12% respectively. (A) Rs. 1,288 (B) Rs. 2,088 (C) Rs. 2,588 (D) Rs. 4,256   2-A certain sum of money in simple interest scheme amount to Rs. […]

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Multiple choice questions (MCQ) on Simple and compound interest

Multiple choice questions (MCQ) on Simple and compound interest 1. A sum of money amounts to Rs. 1352 in two years at 4% per annum of compound interest. The sum is a. Rs. 1200                   b. Rs. 1250                   c. Rs. 1280                   d. Rs. 1296   2. A person invested part of Rs. 45,000 at 4% and […]

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